After previous conferences held in Bangkok, Beijing, Brno and Accra, this year´s conference would be held in Valletta. The purpose of the 5th annual world conference ICABR is to stimulate research and to foster interaction of researchers in Applied Business and Economic Research. The latest developments and newest techniques in all areas of business and business applications are of special interest. In this year the contributions dealing with development challenges and research, such as international business with developing regions, developmentaid, methods for development work and research, economic consequences of international migration between regions, as well as environmental and energy security, and current and future impact of global economic crisis for developing and developed countries are also welcomed.(source: www.icabr.com)